Home appliances manufacturer Videocon Industries’ Rs 1,500 crore manufacturing plant in Tamil Nadu would begin production in next three to four months, according to a top company official.

The company, in 2010, inked a MoU with the Tamil Nadu Government for setting up the plant at an investment of Rs 1,500 crore.

The plant is coming up in Manamadurai SIPCOT Industrial Park, Near Madurai, to manufacture LCD Plasma TV sets and other electronic goods and spares.

“Tamil Nadu project has been delayed. We have already invested huge amount (Rs 700 crore) so far at the plant. The project is very much on... We will be manufacturing television sets to begin with... It will start (production) in three to four months time...,” Videocon Industries Managing Director, Mr Rajkumar Dhoot, told reporters here.

Besides, manufacturing of the television sets, Mr Dhoot, who is also the president of industry body Assocham, said the plant was also feasible for manufacturing other electronic products.

Currently, Videocon Industries have a plant at Bharuch (in Gujarat) to manufacture coloured glass.

“We have the only plant in Bharuch, to manufacture coloured glass. We want to export them to Indonesia, Malaysia where the demand is there...,” he said.

He said they had shifted their Hosur plant operations to Manamadurai in order to use latest technology for manufacturing plasma televisions.

The company had planned to recruit about 700 people once the plant becomes operational, he said.

Stating that there has been demand for colour television sets, he said, “The demand is there. We are supplying every where. We just imported (Cathode Ray) tubes from our own company in China and now within four months time, we will have enough supply for colour television sets”.

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